India is rapidly emerging as a global economic powerhouse, with its entrepreneurs playing a pivotal role in driving the country towards becoming the third-largest economy by 2030. This economic growth is reflected in a surge in the number of billionaires, with India now boasting 271 billionaires, including 84 newcomers, making it the third country globally in terms of billionaire population.
Additionally, Henley & Partners’ latest report highlights Mumbai and Delhi’s rising prominence, as both cities secured spots among the top 50 wealthiest cities worldwide in 2024, ranking 24th and 37th, respectively, underscoring India’s increasing influence in the global wealth landscape.
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Here are the top 10 richest individuals in India as of January 2025, in this updated list of India’s wealthiest billionaires by Forbes.
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Mukesh Dhirubhai Ambani is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries. (Image Source: PTI)
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Gautam Shantilal Adani is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India. (Image Source: PTI)
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Shiv Nadar is an Indian billionaire businessman and philanthropist. He was the founder and chairman of HCL Technologies, and is chairman of the Shiv Nadar Foundation. (Image Source: ANI)
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Savitri Devi Jindal is an Indian businesswoman and politician. She is the chairperson emeritus of the O.P. Jindal Group. (Image Source: ANI)
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Dilip Shanghvi is an Indian billionaire businessman. As the founder of Sun Pharmaceuticals, he is one of the country’s richest people. (Image Source: PTI)
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Cyrus S. Poonawalla is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company. (Image Source: PTI)
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Kumar Mangalam Birla is an Indian billionaire businessman. He is the chairman of the Aditya Birla Group, one of the largest conglomerates in India. (Image Source: PTI)
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Kushal Pal Singh is an Indian billionaire real estate developer and retired military officer. Singh was the chairman and CEO of the Indian real estate company DLF, founded by his father-in-law Chaudhary Raghvendra Singh, until 2020. (Image Source: Instagram)
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Ravi Jaipuria is an Indian billionaire business magnate and chairman of RJ Corp. Under RJ Corp, he manages Varun Beverages which is the largest bottling partner for PepsiCo’s soft drink brands outside the US and Devyani International, which is India’s largest franchisee of Yum! (Image Source: PTI)
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Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. (Image Source: PTI)